Magenta is proud to announce that Canadian Mortgage Professional magazine named our Director of Operations, Alex Marshall, a Rising Star. This award is given to 50 of the mortgage industry's most...
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Getting to ‘File Complete’: Using a Checklist to Complete the Package
A good old-fashioned checklist is one of the most useful tools to help complete a file. Checklists are easy to create, easy to use, can be implemented at any stage of a file, and are one of the...
Open Term Versus Closed Term Mortgages
There are many things to consider when your mortgage is coming up for renewal. As the maturity date approaches, you will probably be offered the option of either an open term or a closed term....
What to Expect During the Mortgage Renewal Process
The maturity date of your mortgage is fast approaching. The maturity of your mortgage gives you an opportunity to review your financial situation and make some decisions based on your financial...
Packaging Your Deal: Top 5 Things to Include in Your Submission
Crafting a mortgage file for submission is an art, but did you know that your submission notes can be one of the most important parts of your deal? Thorough broker notes can lead to speedier...
Importance of the Exit Strategy: Formulating a Plan for Refinancing
The day-to-day life at a mortgage brokerage can be fast paced at the best of times. Once a last-minute purchase or urgent refinance is added to that mix, the pace can threaten to become hectic....
Key Tools to Use When Researching a Mortgage Investment Corporation
In addition to obtaining advice from your financial advisor, performing your own due diligence is a first step to investing. Beyond the Mortgage Investment Corporation's (MIC) own publicly...
5 Open-Ended Questions to Ask Your Clients
Client Interviewing Tips Starting out as a new Mortgage Agent, there is a lot of new information to take in and new processes to get used to. Learning how to conduct a thorough client interview...
How to Accelerate the Deal Submission Process
You’ve met with your client. You’ve done a thorough job of asking open-ended questions, probing for explanations, and understanding any unique challenges of their situation. You write up the deal,...








